Skimming / Fraud News & Media
NCR rolls out 'proactive' new skimming technology
April 25, 2013
NCR Corp. has introduced a new, advanced anti-skimming technology — Skimming Protection Solution — that the company said will give financial institutions a…
read nowLow-tech ATM attacks rise in Europe; US remains card fraud epicenter
April 17, 2013
As EMV-enabled ATMs continue to foil counterfeit card use in Europe, criminals there are adopting tactics that require far less finesse, according to the…
read nowKenyan Central Bank sets EMV target deadline of Sept. 30
April 8, 2013
Commercial banks in Kenya will be expected to migrate from magnetic stripe to EMV smart chip for ATM, debit and credit cards by Sept. 30, 2013. Members of the…
read nowANZ hit with another ATM skimming scandal
April 1, 2013
Once again, Melbourne, Australia-based ANZ is having to alert customers that their card data might have been breached in an ATM skimming operation. The…
read nowRBI limits use of ATM, credit cards outside of India
April 1, 2013
In an attempt to stem rising credit card fraud, the Reserve Bank of India has asked banks in the country to issue debit and credit cards for domestic use…
read nowFICO stats show (surprise) an increase in ATM skimming
March 29, 2013
A new FICO report says that fraud is up and the biggest trend is in ATM skimming. Bank ATMs accounted for 46 percent of skimming incidents in 2012, according…
read nowEAST releases new stats on European ATM fraud
March 19, 2013
The European ATM Security Team has published its first European Fraud Update for 2013. The document includes ATM crime reports from representatives of 2…
read nowInterac skimming losses drop to record low
March 11, 2013
Canadian debit card service Interac has reported that its fraud losses attributable to ATM skimming are at their lowest point since 2003. Losses have plummeted…
read nowTrustmark Nat'l Bank signs up for ACH Alert anti-fraud services
March 5, 2013
Fraud detection specialist ACH Alert has announced an agreement with Jackson, Miss.-based Trustmark National Bank to provide the bank's customers with fraud…
read nowSBI could make Indian banks eat counterfeit notes
February 8, 2013
Currently Indian citizens must chalk up a loss if they receive counterfeit currency from an ATM. However the Reserve Bank of India is looking to change that…
read nowCEB TowerGroup reviews BPC SmartGuard fraud solution
February 8, 2013
SmartGuard, the fraud-prevention system from open system e-payment solutions provider BPC Banking Technologies, has been reviewed in the CEB TowerGroup "Card…
read nowBulgarian man busted over ATM skimmer parts in pastries
February 1, 2013
This has to be a pain in the buns for someone in Germany expecting an ATM skimmer. A Bulgarian national traveling to Germany on a bus this week was detained…
read nowSafenSoft, Kaspersky Labs partner to protect ATMs in Latin America
January 17, 2013
SafenSoft and Kaspersky Lab, two IT security firms headquartered in Moscow, have reached principal agreement on a partnership in which they will provide…
read nowN.J. police bust Romanian pair in $1M ATM skimming operation
January 15, 2013
Police arrested a pair of illegal immigrants from Romania in Englewood, N.J., on Sunday. Now Constantin Ginga, 52, and Marius Cotiga, 34, sit in the Bergen…
read nowIndia's FIs must teach rural customers to use ATMs safely, officials say
January 14, 2013
Authorities in the Sundargarh district of India have advised banks that opening accounts for the country's rural unbanked is not enough; they must also educate…
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Does an ATM skimming solution have to be rocket science?
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Could a $200 device be the answer to a multi-billion dollar ATM fraud problem?
read nowBank of Italy shuts down Vatican ATMs over AML issues
January 7, 2013
If you're planning a trip to the Vatican, take lots of cash — and be sure to get it outside the imposing iron gates of St. Peter's Square. As of last…
read nowBulgarian, Italian police arrest four dozen ATM skimming gang suspects
December 28, 2012
Police successfully took down an international skimming and credit card counterfeiting gang earlier this month, nabbing 48 of approximately 80 suspected…
read nowKenya launches probe into 'rampant' ATM fraud
December 27, 2012
A rash of apparent ATM skimming crimes in Kenya — including several incidents reported since Christmas Eve — have prompted the opening of an investigation by…
read nowThat'll show those ATM fraudsters
December 26, 2012
If the case of Leonid Rotaru was intended to set a precedent for British courts, British banks should be very afraid.
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